# Mu Sigma

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mu-sigma

- Industry: Software
- Headquarters: Northbrook, US
- Website: www.mu-sigma.com
- Total disclosed funding: $41M
- Latest round: Series C (Apr 20, 2011)
- Investors on record: 3

## About

Mu Sigma Inc. is a decision sciences company that specializes in analytical services, utilizing advanced methodologies to assist businesses in making data-driven decisions across various sectors such as healthcare, banking, and retail.Founded in 2004 by Dhiraj Rajaram, Mu Sigma Inc. operates from Northbrook, US. The company primarily focuses on decision sciences and has undergone ownership changes, with Rajaram recently acquiring a majority stake from General Atlantic and Sequoia Capital, now controlling 85% of the company. The firm has secured nine funding deals, with the most recent in April 2022, raising USD 45.00 mn from Fidelity Investments and MasterCard Investment, contributing to a current company valuation of USD 1,500.00 mn.Mu Sigma provides a range of analytical services aimed at improving decision-making processes across multiple industries. Their offerings include Artificial Intelligence for Intelligent Automation (AI4IA), Decision Science, Data Science, and Data Engineering, which are tailored to meet the diverse needs of clients in sectors like banking, healthcare, retail, and telecommunications. The company employs a cross-industry and multi-discipline approach to develop analytical models and frameworks that enhance operational efficiency and customer engagement.In the most recent fiscal year, Mu Sigma reported a revenue of USD 114.18 mn and an EBITDA of USD 84.52 mn. The company generates income through a B2B model, primarily from subscription-based access to its analytical platforms and consulting services, which often involve long-term contracts with clients.Looking ahead, Mu Sigma plans to leverage its recent funding of USD 45.00 mn to enhance its product offerings and expand into new markets. The company is focused on developing new analytical tools and services that cater to emerging trends in decision sciences. Additionally, Mu Sigma aims to extend its geographical presence into regions such as Europe and Asia by the end of 2023, further solidifying its position in the global market. With the founder now holding a majority stake, strategic growth initiatives are expected to accelerate.

## Funding rounds

- Series C, Apr 20, 2011, $26M — Hong Shan, FTV Capital
- Series C, Sep 15, 2008, $15M — Accel, FTV Capital

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Series C
- FTV Capital (https://capitalatlas.ai/funds/ftv-capital) — Series C
- Hong Shan — Series C